A Palace economy was an early form of redistribution economy where all aspects of life were controlled by early monarchs and dictators.[1][2]
Background
Early city-states(or poleis) were generally controlled by the palatial power with only a sparse free or private economy.[3]
See also
References
- ↑ Palace economy
- ↑ Redistribution in Aegean Palatial Societies. A View from Outside the Palace: The Sanctuary and the Damos in Mycenaean Economy and Society
- ↑ The Making of the Ancient Greek Economy: Institutions, Markets, and Growth in the City-States